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NASDAQ:CEMIChembio Diagnostics Stock Price, Forecast & News

$5.49
+0.05 (+0.92 %)
(As of 08/7/2020 04:00 PM ET)
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Today's Range
$4.71
Now: $5.49
$5.49
50-Day Range
$3.18
MA: $4.49
$5.93
52-Week Range
$2.25
Now: $5.49
$15.89
Volume4.91 million shs
Average Volume7.55 million shs
Market Capitalization$110.73 million
P/E RatioN/A
Dividend YieldN/A
Beta2.51
Chembio Diagnostics, Inc., together with its subsidiaries, develops, manufactures, and commercializes point-of-care (POC) diagnostic tests that are used to detect or diagnose diseases. The company offers tests for HIV and Syphilis, and Zika virus. It also develops tests for malaria, dengue virus, chikungunya virus, ebola, lassa, marburg, leptospirosis, Rickettsia typhi, Burkholderia pseudomallei, and Orientia tsutsugamushi. In addition, the company develops tests for a specific form of cancer, concussion, and bovine tuberculosis; and handheld optical analyzers for rapid diagnostic tests. It sells its products under the STAT-PAK, SURE CHECK, STAT VIEW, or DPP trademarks, as well as under the private labels of its marketing partners to medical laboratories and hospitals, governmental and public health entities, non-governmental organizations, medical professionals, and retail establishments in the United States and internationally. The company has collaboration agreements with Concussion Science Group Division of Perseus Science Group LLC to develop a POC diagnostic test for traumatic brain injury; Foundation for Innovative New Diagnostics to develop a POC fever panel assay for life-threatening acute febrile illnesses; AstraZeneca to develop a POC test for eosinophilic respiratory disease; and LumiraDx to develop POC diagnostic tests for infectious diseases. Chembio Diagnostics, Inc. was founded in 1985 and is headquartered in Medford, New York.
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Beat the Market (BTM) Rank

Analyst Opinion: 3.0Community Rank: 2.5Dividend Strength: 0.0Insider Behavior: 0.0Valuation: 0.6 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

1.23 out of 5 stars


Industry, Sector and Symbol

Industry Pharmaceutical preparations
Sub-IndustryN/A
SectorMedical
Current SymbolNASDAQ:CEMI
CUSIPN/A
Phone631-924-1135

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$34.46 million
Book Value$1.37 per share

Profitability

Net Income$-13,680,000.00

Miscellaneous

Employees295
Market Cap$110.73 million
Next Earnings Date11/5/2020 (Estimated)
OptionableNot Optionable
$5.49
+0.05 (+0.92 %)
(As of 08/7/2020 04:00 PM ET)
30 days | 90 days | 365 days | Advanced Chart

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Chembio Diagnostics (NASDAQ:CEMI) Frequently Asked Questions

How has Chembio Diagnostics' stock been impacted by COVID-19 (Coronavirus)?

Chembio Diagnostics' stock was trading at $3.10 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, CEMI stock has increased by 77.1% and is now trading at $5.49.
View which stocks have been most impacted by Coronavirus
.

Do Wall Street analysts recommend investors buy shares of Chembio Diagnostics?

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Chembio Diagnostics in the last year. There are currently 5 hold ratings for the stock, resulting in a consensus recommendation of "Hold."
View analyst ratings for Chembio Diagnostics
.

When is Chembio Diagnostics' next earnings date?

Chembio Diagnostics is scheduled to release its next quarterly earnings announcement on Thursday, November 5th 2020.
View our earnings forecast for Chembio Diagnostics
.

How were Chembio Diagnostics' earnings last quarter?

Chembio Diagnostics Inc (NASDAQ:CEMI) announced its quarterly earnings results on Thursday, August, 6th. The company reported ($0.40) EPS for the quarter, missing the consensus estimate of ($0.33) by $0.07. Chembio Diagnostics had a negative net margin of 71.88% and a negative return on equity of 85.66%.
View Chembio Diagnostics' earnings history
.

What guidance has Chembio Diagnostics issued on next quarter's earnings?

Chembio Diagnostics updated its second quarter 2020 After-Hours earnings guidance on Monday, July, 6th. The company provided EPS guidance of for the period. The company issued revenue guidance of $4.5-4.7 million, compared to the consensus revenue estimate of $11.98 million.

What price target have analysts set for CEMI?

5 brokerages have issued 1 year price targets for Chembio Diagnostics' shares. Their forecasts range from $4.00 to $8.00. On average, they expect Chembio Diagnostics' stock price to reach $6.50 in the next year. This suggests a possible upside of 18.4% from the stock's current price.
View analysts' price targets for Chembio Diagnostics
.

Has Chembio Diagnostics been receiving favorable news coverage?

Media stories about CEMI stock have been trending somewhat positive this week, InfoTrie Sentiment reports. The research firm identifies positive and negative media coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of public companies on a scale of negative five to five, with scores closest to five being the most favorable. Chembio Diagnostics earned a news sentiment score of 1.3 on InfoTrie's scale. They also assigned news articles about the company a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an effect on the stock's share price in the near future.
View the latest news about Chembio Diagnostics
.

Who are some of Chembio Diagnostics' key competitors?

What other stocks do shareholders of Chembio Diagnostics own?

Who are Chembio Diagnostics' key executives?

Chembio Diagnostics' management team includes the following people:
  • Mr. John J. Sperzel III, Pres, CEO & Director (Age 55)
  • Mr. Neil A. Goldman, Exec. VP & CFO (Age 51)
  • Mr. Javan Esfandiari, Chief Science & Technology Officer and Exec. VP (Age 52)
  • Dr. Robert Passas Ph.D., Sr. VP & Chief Commercial Officer (Age 65)
  • Mr. David A. Gyorke, Sr. VP & COO (Age 59)

What is Chembio Diagnostics' stock symbol?

Chembio Diagnostics trades on the NASDAQ under the ticker symbol "CEMI."

Who are Chembio Diagnostics' major shareholders?

Chembio Diagnostics' stock is owned by many different institutional and retail investors. Top institutional investors include Penbrook Management LLC (1.10%), Cadence Capital Management LLC (0.88%), Virtu Financial LLC (0.41%), Mackay Shields LLC (0.33%), Wedbush Securities Inc. (0.16%) and New York State Common Retirement Fund (0.14%). Company insiders that own Chembio Diagnostics stock include Javan Esfandiari, John Gary Potthoff and Robert Passas.
View institutional ownership trends for Chembio Diagnostics
.

Which major investors are selling Chembio Diagnostics stock?

CEMI stock was sold by a variety of institutional investors in the last quarter, including UBS Group AG.
View insider buying and selling activity for Chembio Diagnostics
.

Which major investors are buying Chembio Diagnostics stock?

CEMI stock was acquired by a variety of institutional investors in the last quarter, including Cadence Capital Management LLC, Virtu Financial LLC, Mackay Shields LLC, Wedbush Securities Inc., New York State Common Retirement Fund, Penbrook Management LLC, Hancock Whitney Corp, and Avestar Capital LLC. Company insiders that have bought Chembio Diagnostics stock in the last two years include John Gary Potthoff, and Robert Passas.
View insider buying and selling activity for Chembio Diagnostics
.

How do I buy shares of Chembio Diagnostics?

Shares of CEMI can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

What is Chembio Diagnostics' stock price today?

One share of CEMI stock can currently be purchased for approximately $5.49.

How big of a company is Chembio Diagnostics?

Chembio Diagnostics has a market capitalization of $110.73 million and generates $34.46 million in revenue each year. The company earns $-13,680,000.00 in net income (profit) each year or ($0.79) on an earnings per share basis. Chembio Diagnostics employs 295 workers across the globe.

What is Chembio Diagnostics' official website?

The official website for Chembio Diagnostics is www.chembio.com.

How can I contact Chembio Diagnostics?

Chembio Diagnostics' mailing address is 555 WIRELESS BLVD., HAUPPAUGE NY, 11788. The company can be reached via phone at 631-924-1135 or via email at [email protected]

This page was last updated on 8/10/2020 by MarketBeat.com Staff

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